CFPB must request funds from Fed, court rules

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AI Summary

• Federal judge rejected the argument that the CFPB would run out of funds in early 2026 due to the Fed not turning a profit since 2022. • This decision maintains the funding stream for the CFPB.

Texas Relevance

The article does not mention Texas, TCUD, or any Texas-specific entities. It is a general federal ruling affecting the CFPB's funding.

Original Content

A federal judge rejected an argument that the bureau would run out of money in early 2026 because the central bank hadn’t turned a profit since 2022.